Europe
ECB Says Italy Must Recover Alone, but Fate of Euro Zone in Balance
ECB Says Italy Must Recover Alone, but Fate of Euro Zone in Balance (Reuters) European Central Bank (ECB)...
German Housing Bubble on the Horizon
In its monthly report, the Bundesbank warned that housing prices in urban areas of Germany “are difficult to...
Back in the Driver’s Seat: U.S. Set to Displace Russia as Top Oil Producer
Already the world’s largest natural gas producer, the United States has becoming the world’s largest oil producer locked...
No Automatic Loans in Europe
Jens Weidmann, head of Germany's Bundesbank and member of the Governing Council of the European Central Bank (ECB),...
Five Stock Markets That Are Shooting the Lights out
While most U.S. investors are transfixed by the U.S. government shutdown, there are a handful of stock markets...
Distressed Asset Discounts Abound in Europe Today
Blackstone Group LP (BX) socked away some $4 billion in 2009, in anticipation of the eventual bargain basement...
Euro Beats Dollar on European Central Bank Comments
European Central Bank (ECB) President Mario Draghi announced today that the bank will maintain its current monetary policy...
Italian Government on Brink of Collapse
If you think the U.S. government shutdown is an extreme move, Italy’s political crisis makes that look like...
Euro-zone inflation falls to 3.5-year low in September
Euro-zone inflation fell faster than expected in September to its lowest level since February 2010, signaling that the...
Family Squabble Looms for World’s Largest Luxury Goods Maker
LVMH Moet Hennessy Louis Vuitton SA… If you think the company’s name is a little unwieldy, try making...